Thread 521017124

Trump cultists still have no response to this.

>>521017124 (OP)
I too would like to see a legitimate (non bot) response to this.

>>521017124 (OP)
no one if forced to take a mortgage at all , let alone a 50 year one.

>>521017124 (OP)
A lot of people pay it off by 15-20 year and then their children will inherit it.

>>521017124 (OP)
>Trump cultists still have no response to this.

It's better than you will own nothing and you will like it, not by much, but it is better.
Your move democrats.

>>521017323
>Your move democrats
Wealth redistribution

>>521017124 (OP)
Migatards have suddenly gone all quiet

>>521017124 (OP)
It is solely for dodge charger owners to get fleeced more. Everyone else who couldn't afford a home is unaffected because they weren't getting one in the first place. I will happily allow the negro gentrification to all of the fucks overpricing homes rn because they're going to devalue over time because of it.

>>521017450
to elaborate more, it's a tool that baits niggers into devaluing over valued homes.

>>521017198
the availability of financing for a thing eventually makes financing the default purchase pathway due to the increased demand it causes because everyone can buy the thing

it happened with cars, college, houses, and now cell phones

usury erodes actual ownership because it causes the problem it solves while creating nothing

>t. residential appraiser

>>521017124 (OP)
Migapedopedes always have a cope for Trump's endless cucking
>Imports millions and millions of nigs every year
>yeah we actually love mass immigration lib as long as it's LEGAL

>>521017198
you're slurring your typing, nigger

>>521017124 (OP)
You will owe money and not like it

>>521017124 (OP)
You can always buy your house outright...

>>521017240
yeah in 1950 that's how it was, nowadays 8% of people EVER pay off their home loans. if you aren't worth millions right now, you will never be paying off a 50 year loan early lol

>>521017124 (OP)
This is what China does with 70 year leases

>>521017323
you pretend you like the scraps daddy gives you because you're afraid daddy will knock your teeth out if you ask for more

it's called "slave mentality"

>>521017124 (OP)
is there a term for this allowed but ineffectual basedness?

>>521017124 (OP)
I would rather leave the US than have a 50 year mortgage.

>>521017124 (OP)
>pay rent on a shitty appartment for 50 years surrounded by blacks, jeets, puerto ricans
GOOD
>pay mortage for 50 years for your shitty mcmansion around whites and asians
LE BAD!!

>>521017414
Jesus Christ the left can't fucking meme. Completely goddamn unreadable trash

>>521017124 (OP)
After 50 years you own it fully, duh.

>>521018141
>>pay rent on a shitty appartment for 50 years surrounded by blacks, jeets, puerto ricans
>GOOD
Nobody said that this is good.

>>521017805
>if you aren't worth millions right now, you will never be paying off a 50 year loan early lol
That's why people get accountants and financial advisers. There's always a loophole to be exploited.

>>521017124 (OP)
Equity is not nothing.

>>521017124 (OP)
They've been planning this for a long time.

>>521018141
neither is good retard completely missed the point

>>521018397
so you think you will survive into your 70s?

>>521018448
Yet somehow illegals can have homes, moshe.

>>521017124 (OP)
>>521017174
>>521017198
Anyone who unironically opposes 50 year mortgages should be tossed in a prison cell.

If you don’t support my freedom and want to deprive me of my rights then I don’t care about your freedom.

>>521017124 (OP)
once trump releases the medbeds you'll get at least another 20 healthy years or more to pay it off, all according to the plan, Q predicted this

>>521018457
Owning a house without debt shouldn’t even be legal retard.

You should have to have a debt if you own a fixed asset

>>521018579
jannies will shadow ban again

>>521018506
Dude. My wife and I ready sold our house in one area and used the equity we had to outright purchase our home in a cheaper area. Fucking retard kids like you don't know shit and it shows.

>>521018638
Good, retirement is a violation of my rights

You have ZERO right to say I can’t work because of my age

>>521017124 (OP)
Massie and MTG won't let them breathe.

>>521018722
Massive belongs in a prison

>>521017198
you pretty much are forced to get one tho

>>521018579
>dog chemotherapy
timmycels really get an expensive medical procedure to prolong the life of a soulless beast

>>521017124 (OP)
we are living longer then ever before... you think about that fact and it makes sense. like raising the retirement age when we are living longer also

>>521018755
You belong 6 feet under kikel.

>>521018524
>freedom is slavery
ok

>>521017124 (OP)
Only Jews support this. Even people that voted for Trump hate this. Stop being a massive faggot.

>>521017843
That's really not the same thing at all. A mortgage and a lease are not the same thing. I'm not even defending leases, but I am saying that it's a bad comparison. Most leases also are mortgaged btw. But at least you can say for Chinese that while you can only buy the lease, those leases are generally cheap so Chinese people aren't completely financially destroyed by housing costs. And you can always pay off the mortgage on your lease, sell that lease etc. It's apples and oranges.

The idea of a fifty year finance on anything is the most kiked shit ever. Even twenty year mortgages are already taking the piss. You are putting yourself into a contract that if broken means you can lose virtually all the time and money you put in if you can't pay the mortgage and it gets repossessed. And when you consider that job security is lower than ever, how can you justify getting into a contract like that? We aren't in the 20th century where you worked for a company your entire life. People job hop, people have to move around, you can have bullshit contracts where you only get a few years before they will inevitably let you go and hire someone else rather than give you a pay rise.

Housing in the west is so fucked. You choose between predatory mortgage deals, spending all your money on rent to some kikelord, or staying at home and being a manbaby forever. It's completely ground societal momentum to a halt.

>>521018676
The burgers are right. It's all a phase that is happening slowly but surely. The prices keep going up but the wages aren't. The percentage of people that will be able to get a mortgage is shrinking. Some inherit money which give them access to loans.

>>521017124 (OP)
You can't take equity out on a rental.

Enjoy saving $91 a month for the privilege of paying for an extra 20 years goy.

>>521018595
Nobody reply to this troll.
this is bait.

>>521018260
Are you retarded? That wasn't a leftist meme. Fucking miggers are dumb as shit.

>>521018676

we're not polynesians on welfare in new zealand

>>521018972
If you are poor enough or below the means of the cost of a property to the extent that you are taking out a fifty year mortgage, how fucking long would it take before you had any meaningful equity to cash out? Also taking out equity usually just means adding to the morgage anyway or getting another loan.

>>521018898
>Getting to be an Oligarch is slavery

Ultimate brainwashed slave

>>521018918
Literally everybody supports it, it’s one of the few policies that literally every person supports

>>521018796
if white people didn't like dogs, you attached earlobe, slope-headed non-whites wouldn't have been dragged from the stone age so you should be happy timmy cares about lesser beings because that's why you exist

it's the great white flaw, without it, world is a white utopia

>>521017124 (OP)
>Don't you want to be a rootless cosmopolitan metrosexual?

>>521017198
I sleep in my car, I get no pussy, I shower once a week I eat nothing but goy slop and I will can't afford shit but you're right, you're not turned to take a mortgage, all you have to do is get used to live like a hermit.
Take the hermit pill

>>521018918
well kikes don't pay interest so they don't care

>>521018949
If you’re so wealthy that you qualify for a mortgage then you are wealthy enough to change the system to your favor

>>521018967
I want you to all to not worry, even the jannies, as you pay 50, 60, 70 and 90 year mortgages with massive interest rates to jewish banks so they can use that money to ferret in pajeets and muslims to your child's bedroom, jews get interest free loans.
You don't.
They do.
I wonder if the jannies get interest free loans.

>>521019095
You don’t disagree

You are ragebaiting

>>521019183
Anybody stupid enough to choose a 30 year mortgage over a 50 year would never be able to acquire a house in a first place

>>521017323
ban blackrock and corpos from buying up all the housing
farmland too while we're at it

problem solved

>>521018854
Imteeesting way to look at it
Now we know why conservation legislature against owning chicken farms or collecting rain water inside city limits
They are trying to force you into their system.

>>521019245
Ah yes having human rights is sooo horrible

Imagine having the jewish boot on your neck for 50 odd years.

I want off the ride.

>>521018796
I wouldn't expect an orc to have emotions

>>521019312
>massivr interest

Interest is basically free for whites too.

>>521019380
>getting to be more powerful than the President for 50 years is bad

Go be a loser somewhere else

>>521017124 (OP)
I have a response, no one is forcing you to get a 50 year mortgage. It is like a 9 year car loan, just something you have the option to do but you would have to be retarded to do it.

>>521019277
if you saved up $100,000 a year it would take 500,000 years to have elon musk money. no, nobody who needs a loan will have ANY sway over bankers lol, you have less today than i did 25 years ago

you are just too brown to comprehend things on a large scale

>>521017124 (OP)
When Massie files legislation eliminating property tax, he can pretend to be against "you will own nothing and you will like it".

>>521019449
If you choose a 30 year over a 50 year you’re unironically too stupid to own a house.

Anyone dumb enough not to extend their loans as long as possible is too stupid to lend to

>>521017414
where is the joke

>>521019506
There’s people in Africa right now eating one meal a day of trash food while being forced to mind Cobalt in a field.

If you’re even earning minimum wage in the West don’t pretend you’re not a pig

>>521019277
>>521019344
>>521019515
What level of kikery is this?

>>521019515
That depends on a few factors, 50 year loan if you indeed plan to die within that time frame, otherwise 30. But anyway 50 year loans was always the endgame as inflation kept going up and house prices kept rising.

>>521019514
property tax predates the constitution, people would have to kill everyone in charge and their families to get to the point where property tax can be abolished

and you've never been in a fucking fist fight so how is that gonna work?

>>521019620
he's low IQ and pretending he's trolling now because he can't edit shit>>521019583

>>521019239
if white people didn't have such humanitarians and animal right supporters as hitler, I'd believe you
we spared german timmycels after winning the war

>>521018967
it means they want to tear em down and build condos

>>521019691
>and you've never been in a fucking fist fight
I was in a dozen throughout high school, projecting nigger. Just because you're a little bitch doesn't mean everyone else is.

>>521019767
america and britaincels spared you by feeding you every 20 years in the 20th century, stop biting the hand that feeds you

>>521019623
There’s zero scenario in which a 30 year loan is better than a 50 year loan.

Even in a hypothetical deflationary world where the dollar started appreciating… I’d just pay it off early

>>521017450
>everyone can into homes at lower monthly cost
>home prices go up

>>521019583
not my fault you non-whites are pussies

>>521017878
This is low quality rage bait

>>521018524
>50 year mortgages is freedom!
Miggers really need to culled.

>>521019797
nobody who says dozen instead of 12 is throwing hands lol

>>521017198
I thought my mortgage was decent at $700 16 years ago. Now it's like heaven. Hell, my property taxes + insurance are almost 200% of my actually mortgage of principal + interest.

>>521017124 (OP)
>>521017174
Trump, even being a ZioBoomer, is still better than the Communiggers on the Left. Never let anyone forget that Donald Trump is a 1980s NYC Democrat that's has gotten more liberal since then. He's a reversal of a trend, not the actual solution

>>521019767
You raped and pillaged so much you almost made dog breeds extinct like the Hungarian kuvasz because soviet troops kept killing them.

>>521018307
>>521018457
50 year mortages means lower monthly payments which means more opportunities to pay for a house, if you're not a complete retard and make payments towards capital instead of interest you can pay it off in half the time at least
the best option is to have a government that cares about its people and gives married couples a 25% discount on your mortage for every child you have
but we cant have nice things now can we?

>>521019918
nah niggers just get mad at the truth, not gonna do shit about it though

>>521019515
are you five and don't know how a mortgage works? the reason going for a shorter mortgage is that you get more favorable rates and less interest overall

>>521017198
women owe me sex

>>521019963
>getting to be an oligarch for 50 years isn’t freedom

We need more prisons

>>521019980
a total shithole in BFE USA is $700 just to rent nowadays

>>521017240
This. I don't know anyone who took longer than 15-20 years to pay off a mortgage. I'm more skeptical that a bank would give a 50 year mortgage, unless you had a lot of money already

>>521020029
Dunno about muttland but technically you can just have a offset account to keep interest low.

>>521020020
>If you have the money you can treat a 50 year mortgage like a 25 year mortgage
No shit retard

>>521020020
yeah it doesn't work like that bud lol, you non-humans need to motherfucking understand that you have NO CLUE how the world works, that's why everyone plays you dumb fucks like a fiddle. women are the same way. whites have shielded you from the consequences of your existence and it's about to come to an end

>>521020029
Are you stupid?

Money today is worth more than money in the future.

Paying off a mortgage over time means the actual discounted cashflow of mortgage payments is lower, because you discount it over a larger time period.

The actual value of your debt is lower the longer you pay it out.

>>521020065
There’s apartments for only $2700 for the whole month

>>521020083
you don't know anyone who paid off a mortgage in 20 years, the fact you think you do just shows how out of touch with adult reality you are. everyone is 100% sure you're a dipshit kid who has never paid a utility bill in his own name

>>521017198
so you agree that you will own nothing and be happy right?

>>521019975
>nobody who says dozen instead of 12 is throwing hand
WTF is this nonsense, you no-fight-having cocksleeve? Playing "I know who isn't an internet tough guy" is literally just the photo negative of playing "internet tough guy".

>>521020212
not where white people live

>>521020167
You got a point, money today will be worth LESS in the future and because of inflation and wage growth, you will just find yourself living on easy street as time goes on because the set repayments won't really change, while the economy around your bubble mortgage does.

HOWEVER this can work with a 30 year as well.

>>521017124 (OP)
I'm just not going to get one. I am always in favor of more options rather than fewer

>>521017240
What the fuck are you smoking? Americans dont own their homes, banks do.

>>521020134
Then what’s the peoblem?

Oh right, nothing.

99% of people would do ANYThING for the opprtunity to take out a mortgage.

Trying to prevent more people from getting their dream is disgusting

>>521020299
Yeah but 50 year just extends this process even further

Monthly payments are even lower so you can invest even more money today and build up capital faster.

>>521017174
It’s very simple, you build net worth when you have a mortgage. If you’re retarted which I assume you are because you’re on this board let me put it in a real world example.

>bank agrees to give you a loan to buy property. Property is technically in your name and therefore yours IF you make payments to the bank.
>5 years go buy, you purchase house for $140K its now worth $250k based on other homes in its region.
>you pay minimum mortgage + a little extra each month to pay down principal.
>you decide you don’t like it where you live so you post home on market.
>mr shekelberg and you negotiate and agree on $240K sale price
>use money to pay off remainder of mortgage, walk away with the rest.
>you now have $120K

It’s really quite simple anon, if you were to rent for 5 years you would have payed $2000 to some jew instead of your self and you’d have nothing to show for it.

>>521020333
LOL fucking what, bank doesn't own shit if you paid off your home, but the government on the other hand...

>>521020083
Banks would love to give out this kind of loan, the amount of interest most people will pay is going to be much more profitable. True some could pay it off early, but the reality is they generally wont. They will likely have a higher interest rate so unless you will be able to pay it off in ten years or so you would be better off with a thirty or less loan.

>>521020263
people who say dozen are always fat faggots who talk to their mom a lot, people like you don't fight because you'd get your ass kicked. you act like i haven't been in the USA the last 50 fucking years and can see this shit. a loud argument isn't a fight, shoving isn't a fight, hitting someone until they give up is a white fight, hitting someone until you catch a charge is how non-whites fight

>>521017432
Well, there aren't many of them left. Everyone else not retarded woke up to what Trump is. Pathetic it took so long. I saw what he was during covid and his "miracle of science" covid vaccines that are maiming and dropping White gentiles every day.

well if you want an actual answer, with the mortgage you are creating generational wealth as your family will own it eventually

are you guys actually retarded kek?

>>521020418
>people who say dozen are always fat faggots who talk to their mom a lot
You are one of the dumbest boomer niggers I've ever encountered.
>17PBTID
And a pathetic attention whore, you lonely bitch, lol.

>>521020412
Anon, longer loan periods mean lower interest rate because it makes profit either way because of the length of the loan, thats why repayments are cheaper on longer loan periods.

>>521019277
>wealthy
>qualify for a mortgage
HAHAHAHA

>>521020426
Only stupid people don’t like Trump

>>521020457
This thread made me realize how dumb this board is

>>521019884
>like drivers and dodge chargers

>>521020382
jews have you convinced your debt is your net worth lol. your debt is THEIR net worth in reality though

>>521020547
>he thinks middle class people are eligible for mortgages
>he’s still living in 1980

>>521020412
you act like you're the first fucking light-palms to think of this shit. in reality there may be an early payment penalty, or your first 240 payments go toward interest, or whatever bullshit they wanna do

either way, nobody with a white/homo sapiens brain thinks a longer mortgage benefits the person borrowing the money lol

you really think you're onto something like you're not a subhuman with nothing to offer. people like you are the majority though, that's why things are getting bad.

>>521017124 (OP)
UM AKSHEWWLY YOU OWN WHATEVER EQUITY YOU'VE PAID INTO CHECKMATE LIBS NOW WE'RE GONNA TRIPLE YOUR HEALTH INSURANCE PREMIUMS

>>521020457
we're white, you can't understand it and it's ok, it's jewish bullshit anyway and you'd never turn on your masters

>>521020555
only brown people think they'll save money with a 50 year loan lol

>>521020412
You're missing a fairly critical aspect of lending, which is that not everybody pays their debts. A 50 year term is also 20 extra years for something to go wrong - somebody gets sick, somebody loses their job, somebody gets divorced. And with foreclosures, you'll be happy if you just recoup your losses, since a foreclosure means fighting through a legal system that has been (rightfully) tilted in favor of the homeowner.

>>521017323
No it literally isn't. It's often not worth it to even get a 30 year mortgage at current prices/interest rates.

>>521020803
And you're missing another aspect of lending, Property values increasing over the period of the loan.

>>521020704
> you act like you're the first fucking light-palms to think of this shit. in reality there may be an early payment penalty, or your first 240 payments go toward interest, or whatever bullshit they wanna do

I can’t believe I’m sharing a board with subhumans so stupid and mathematically illiterate that they don’t understand that a longer mortgage is 100% of the time better and there’s zero financial way for it to be worse

I’m sharing a board with literal trailer trash

>>521020583
You’re clearly a retard I explained how when I chose to sell my house I can make $120k.

Yes debt is bad but I could sell all my assets and make $250k that would be sitting in my checking account untouched and untaxed after sale.

Seethe brokey

>>521020234
I own two properties already and wouldn't need a 50 year mortgage to buy a third, even if I had no cash at hand. This special mortgage for brokie retards isn't for me.
Also mortgages, as I stated, are voluntary, unlike Schaub's bug farm scenario.

>>521017124 (OP)
I'll take "Concepts OP Doesn't Understand" for $2000, Ken.
What is equity?

>>521020771
>lower repayment amount
>save extra money every month
>money goes into your business which generates excess profits
>use excess profits to reinvest more
>you’re now richer

You’re incredibly stupid

>>521020382
>I will never be underwater

>>521020854
>>521017323
>trump makes his base oligarchs
>this is bad

>>521017174
Equity

>>521020875
>I can’t believe I’m sharing a board with subhumans so stupid and mathematically illiterate that they don’t understand that a longer mortgage is 100% of the time better and there’s zero financial way for it to be worse
You're literally arguing that paying out way more money is in no way worse, you dumb nigger. Unless your health is dogshit or you're planning on killing yourself, there's a good chance you're going to be around for all 50 years of that shit, dumbass.

>>521020382
>you now have $120K
you are homeless
home you now buy is 300K, you are -180K

>>521020541
That is not even remotely true. Compare 15 year and 30 year mortgage rates. The 15 year ones are lower. What you aren't taking into account is that both maximize their profit because they target two entirely different demographics. One group they know will pay it off quickly so they maximize the interest (so 6% of the loan in the first 7 years as opposed to 7% of the loan in the first 15 years). The other group they know wont so they charge a higher interest rate to get the most money overall.
>>521020704
What are you talking about? I am arguing against 50 year mortgages, pointing out that they benefit the banks hardly hurts that argument. Are you replying to the wrong person?
>>521020803
True, but since those extra 20 years will be mostly principle payments by that point anyway it is not as big of a difference. If they don't default in the first ten or fifteen years they probably wont and even if they do the bank will get the house and have made a fair bit in interest.

>>521020930
so in a way you can pay off a 50 year mortgage faster than a 30 year mortgage because you pay less in monthly payments thus allowing you to invest more money for profit. the profit can go into paying the mortgage off faster.

ok makes sense.

>>521017124 (OP)
Reminder that if you haven't bought your house outright you're just renting from a bank and even if you buy your house you only own the building and you're renting the property itself from the government and have to pay annual rent.

>>521020930
Yeah, take that hundred or possibly two hundred bucks a month and invest it in a way that will compensate for the 400K-500K you're losing long term, dumbass. Gaslight a little harder.

>>521021012
Anon, most people in America dunno really, wouldn't be able to gather up enough for a deposit on a home until they're near 30, add on 50 years, and likely you're paying off the loan with a pension.

Paying your mortgage with unemployment is the way to go.

>>521020893
If you really were such an oligarch that you qualify for a mortgage you wouldn’t be stupid to not realize it’s a better deal.

People disgustingly rich enough to own properties are all finance experts or Quants, or they come from European old money. You’re not intelligent enough to be one of those

>>521017124 (OP)
Massie is such a retard
>hurr renting is the same as paying off a mortgage. Yeah eventually you do own the house when its paid off. But yeah its the same as owning nothing aka renting. Sure you do own something. But its the same as owning nothing.

>>521017124 (OP)
I have no house because of this shitty housing market so this does not affect me. Go fuck yourself.

>>521017124 (OP)
>>521017174
here's your legit, non-bot response; same as you've been getting since 2016:
you lost, tranny

>>521021108
Over 50 years that additional invested capital will be far more than $500k

You’re a financial illiterate

>>521017124 (OP)
Massie and Ron Paul are the only future for America.

massie don't miss

>>521020888
Are those real? I didn't realize Maise had stuff out there...

>>521017323
HOW is it better? You absolutely idiotic MIGA slave.

>>521017124 (OP)
50 year mortgages are 20 years old at least.

https://www.nbcnews.com/id/wbna13187964

>>521021012
You’re too stupid to understand discounting and present value.

A debt 30 years in the future is worth significantly more than a debt 50 years into the future.

It’s called discounted cash flow analysis and the fact that you don’t know this shows how incredibly dumb you are

>>521017198
We said non bot response

>>521017198
>no one if forced to take a mortgage at all , let alone a 50 year one
No one is forced to try to stay alive! You goyim could just shut up and kill yourselves!

>>521021036
>if you don’t own a home you’re homeless

Holy shit Europeans are stupid

>>521019572
>>521018260
miggers are so fucking stupid. fucking kike lovers.

>>521021094
Yup, exactly.

>>521021036
True, I would be homeless if I chose to sell my house, but It still remains that I have 120K in equity from my investment therefore making it an asset.

Is this really that hard for you to understand?

>>521017124 (OP)
>Trump cultists still have no response to this.
It's not different and we warned you about this 20 years ago. You called us tinfoil hat conspiracy theorists. Now the chickens have come home to roost. Have fun faggot.

>>521021279
You aren't required to own a home to stay alive. You can generally live with your parents your entire life.

>>521021341
miggers are this smart.

>>521020555
>Miggers are smart!
Yeah? Name one. LOL. Of course it's a memeflag saying this stupid shit. What do they say about memeflags again?

>>521021396
That is an odd way to say you have no rebuttal lol.

>>521021209
What was his motive? I can’t even remember anymore

>>521018141
/pol/ can’t comprehend basic economics really makes you think about what else their completely wrong on.

>>521017124 (OP)
>50 year mortgage
The fuck is that shit? 25 is the standard.

>>521020930
>Woah, paying $2100 a month insead of $2300 is so based! This changes the game!
Haha. Miggers are worthless.

>>521021447
shut the fuck up migger. go suck some jew cock somewhere else.

>>521021333
Rentoids dont get it
"Yeah I rent and give money to a landlord every month and own nothing. But at least I dont have debt. Im the smart one!"

>>521021190
>>521021198
Massie is a traitor

Ron Paul would support 50 year mortgages

miggers who think 50 year mortgages are good are the same people with 10 year car loans
i.e. subhumans

>>521021507
Seethe more faggot

>>521021474
Is it? Here its 30 and probably going to 50 soon enough since house prices keep shooting up. Average house near a capital city here tops 1 mil, and that will get you a crack shack thats falling apart.

>>521021226
>how is being an oligarch better than not being an oligarch

Morons like you who complain about oligarchs but then choose not to become oligarchs are fucking retarded

>>521021470
Its more concerning that massie the libertarian who harps on the national debt and spending, knows nothing. Real retard. That guy is a dumbass

>>521021279
>if I don’t become an oligarch I’m not alive!

>>521021552
>One is an appreciating asset
>One isn't
It's the same goyim!

>>521021552
miggers don't think. they just say what jews tell them to say.

>>521021511
If you buy a house you have nothing.

>>521021577
25 is standard here. Shit, I took an 18 one that I can cut down to 5 if I cared, but the tax cuts I get are nice.

>>521021589
if brown people could work together you may have left the stone age on your own. the world you want is a world you will suffer in but you need a white brain to know this

>>521021338
You told us we’d get our human rights 20 years ago?

Why didn’t you help accelerate it so we could finally get our human rights

>>521021474
no one can afford the 25 year one anymore after judeo-trump communist takeover
jk they've been building it for quite a while now

>>521017124 (OP)
Tech billionaires that want to enslave the common man are behind this proposition. Massie is outside of the Thiel-aligned elite that have infested Trump 2.0 (and the MAGA movement as a whole), which is why they hate him.

>>521020875
Please God let this be bait. No one can be this stupid.

>>521021664
>if you buy a house you have nothing
>jerks off about how you can invest while dismissing equity
Holy shit, this is what I get for not filtering memeflags.

>>521021589
I'm stupid because I don't want to enslave the American people? That's what MIGA is about now? You guys are simply rabid dogs, not worth engaging with.

>>521021668
That sounds a lot better than here, I just applied for a bank loan for 720k on a rural property with some land. Today is when the bank is suppose to come back to me, I'm lucky enough to be able to do this since I had a massive deposit after my parents died and their house sold. Other people are locked out of hte housing market, the only exceptions are very rich foriegners, or probably very rich drug dealers.

>>521017198
If a 50 year loan exists the price of houses will skyrocket. The payment on the 30 year loan will quickly climb out of reach to the average person, forcing most into 50 years of debt slavery

>>521021498
$200 invested monthly, compounded over 50 years is literally $2,942,685 you retard

Fucking retard

>>521021608
Yeah what a libertarian retard, we need to print 10 trillion dollars this year, this time it will solve inflation for sure.

Even if a 50 year mortgage wasn't serfdom by another name this will increase demand without addressing the actual problem of affordability. Its going to make the problem worse lol.

>>521021552
Anyone who thinks 50 year mortgages and 10 year car loans aren’t good ideas are too stupid to have capital.

You’re less than human, anyone that stupid is subhuman

>>521021883
Not sure that is true since supply and demand more or less dictates housing going up, Americans are probably very good at building houses and popping up new suburbs.

>>521021864
It's not all sunshine and glory here, you need a hefty chunk of the price yourself before they want to give you one, but they cut that down a good bit after I bought.
I'm a fucking cripple pensioner, but I live in a very cheap place that's still got all the amenities required within spitting distance.

>>521021634
Homes incur wear and tear like anything else, except with a 50 year loan, you'll never see a return on any of your repairs or renovations.

>>521021766
>>521021807
Trump gave people the opprtunity become oligarchs richer than him.

If you oppose this you’re unironically a traitor to the American people. This is a once in a life time opprtunity to become the elite

>>521021720
>he thinks he still has rights
kek

>>521021950
He doesnt understand what a mortgage is and thinks paying a mortgage and renting is the same thing. And that buy getting a mortgage and paying it off "you own nothing" . He's a retard and so are you

>>521021769
You’re ragebaiting

Nobody is stupid enough to disagree with what I wrote, nobody

>>521021883
So you get to be an elite for 50 years instead of 30 boo hoo

>>521022019
50 year mortgage is fucking jewish. You're paying nothing but interest for 35+ years.

>>521021955
Even if getting a mortgage didn’t make someone an oligarch/elite… you’d still be riding in social status

>>521021996
Very nice. I'm going off the grid soon enough, this place has so many problems its not funny, in my state they're facing gas shortages, and they're shutting down coal plants and going full renewables which will lead to grid instability. My best play is to go off grid and be self sufficiant as much as I can.

>>521022140
Mortgages should be at the very least 50 years.

Any shorter is a violation of yoyr human rights

>>521022140
You can pay the mortgage off sooner and avoid paying all that interest....

>>521022056
If Trump follows through with this we will finally get rights

>>521019254
I can get you a job on a fishing boat, anon. Somewhere to live, earn and save money. Too bad the pay is significantly less than 2018

>>521022239
Yes, but then it wouldn't be a 50 year mortgage, would it? All interest on mortgages is front loaded out the ass and it gets worse the longer the term is.

All people who are in debt will lose everything.

That's why they push them into it.

>hiding behind a memeflag
>has a 4chan pass to shitpost even harder
>40+ posts so far, each more jewish than the last
Feds don't even try to hide themselves anymore, do they?

>>521022082
>is it better to pay more or less mortgage

miggers don't deserve rights

>>521022358
It would still be a 50 year mortgage that was just paid off early

>>521022358
You can make additional payments that go directly to the principal. Maybe some people will stick to the term schedule but youre not obligated to. If it helps someone to buy a home and get out of the rent trap and they make more money later / she refinance the interest rate , its not a terrible thing. No one is forced to get a mortgage. People can rent their whole life and never take on debt

>>521022446
dude probably drank too much coffee, give him a break he's making a difference

>>521022439
If you have debt you are the elite

>>521020218
Do you only talk to people on food stamps or something?

>>521022479
>money today is worth less than money in the future

Bait, nobody is this stupid

>>521022499
>if i marry a man and chop off his dick, i'll be married to a woman

>>521022508
>additional payments
If you can afford to, you don't take a 50 year mortgage. You know you can talk it over with your bank how long you want the term to be before signing anything, right?

>>521017124 (OP)
You can pay a mortage off.

NEXT

>>521022508
My only issue with it is it’s totally generous

Trump is giving so many people the opprtunity to become oligarchs

>>521022603
Even if you’re a Billionnaire, you get the 50 year mortgage because you’re not a financial illiterate

>>521022639
This thread convinced me this board’s IQ has to be under 80.

They don’t understand that

1) you can pay a mortgage off early

2) time value of money

Complete lack of education

>>521022603
The idea is that it could get someone into home ownership sooner and as they age and advance in their career and make more money, they can pay it off sooner. Again no one has to take one and people understandably balk at it but it could be helpful to some people. What Massie said is retarded because you dont own nothing when you have a mortgage.

>>521020029
Massie's point, if you had half a brain, was clearly this:

>30yr mortgage is already long, and carries a high interest rate right now
>people cant afford a $2000 payment at 7% interest
>offer 50yr mortgage
>some people can now "afford" a $1700 payment at 9% interest
>but they'll never pay it off because 50-yrs exceeds a working life - remember, this is the class of people who couldn't afford the 30-year
>bank takes the house after you default
>you were "happy" in the house for a few decades but "own nothing" in the end.

Any confusion now? P.s. for the finance fags, I made up the numbers above just to illustrate the point, dont tell me I amortized blah blah wrong.

>>521017776
with what money negro
Do you think a first-time homeowner is going to have 700k lying around?

>>521018949
Chinese housing isn't affordable in the most in demand cities due to housing speculation, which itself it due to the Chinese dumping all their money into buying houses as an investment, because they Chinese financial system has long incentivized real estate growth.

On top of that, the Chinese social safety net is very weak. On paper, it's supposed to be pretty good, but in practice, it sucks. Thus, Chinese have one of the highest saving rates in the world, because they don't trust the companies they work for or their own government to provide for them or their parents.

As for mortgages, it's like you say. You're already getting fucked with 20/30 year mortgages. If you finance a car, you're getting screwed there as well. Most things you you buy that require a loan over time fucks over most ordinary people in the long run. But it still gets people the homes and cars they want. It gives them skin in the game. Rent is absolutely worse.

At the end of the day, this is a bandaid on a bigger problem, but the alternative solutions aren't much better. Subsidizing housing will cause worse problems and you can't force the market to make more houses without a financial incentive. Especially when the average home has gotten much bigger and thus more expensive over the years.

That's another part of the problem. People are fucking greedy. If you go back to the 70s or 80s or even 90s, homes were more modest in size and function. People bitch on twitter about not being able to afford a home from their $1500 iPhone with $100k in student debt while going to Starbucks every day, living in the most expensive cities on Earth, expecting to work from home, work only 4 days a week and get 1 month of paid vacation a year. Fuck those people.

Now, you can simply remove a lot of the demand. Maybe that's what's happening if all the immigrants get deported. Then supply goes up relative to the demand. And eventually the boomers will start dying off en masse.

>>521022850
Even if you could easily afford a 10 year mortgage, choosing that over a 50 is completely retarded

Anyone that stupid is unlikely to qualify for one anyway

>>521022850
>you dont own nothing when you have a mortgag
But when you're renting, keep in mind you're spending your entire life paying some other man's mortgage.

>>521022823
>>521022601

>>521022909
Whats your take on getting no mortgage and just claiming squatter rights?

>>521022639
I just paid mine off. I live in a generational home.
I have no idea why my parents never did this when they damn well had the ability to. It's like they enjoyed paying bills every month.
I was so fucking sick of my bank trying to fuck me every other month by double billing.

>>521022239
If you can afford to pay more, then get a shorter loan term and get a lower interest rate

>>521022876
Ok… but I’m still better off than if I wasn’t allowed to take the mortgage at all.

Also… everybody will choose the 50 year because anyone stupid enough to choose the 30 year over the 50 year is too dumb to earn enough money to qualify

>>521022535
So everyone with student loans are elite? Fuckstick.

>>521023057
They went to college so yes

>>521017124 (OP)

If you want to look at the bright side theres not many true Trump cultists left after the Epstein thing and Israel/Palestine. Im pretty sure the remaining /ptg/ posters are literally bots.

>>521022579
Yeah because banks are in the business of loaning out money at less than the rage of inflation. Retard.

>>521021284
>Migger
>Kike

You are a jeet

>>521023109
>the discount rate is the rate of inflation

You’re incredibly dumb and illiterate

>>521019149
>Migger

You are a jew.

>>521023083
>a college degree makes you elite
Yeah, all those Phoenix University degrees are just empowering the fuck out of everything, shitstain.

>>521023024
How are you better off? No you arent. Youd have rented for $1250 somewhere and not lost all that excess value, and remember you have late penalties, fees; forclosure fees, on top of usual agent commission.

Of course you're worse off, you worked your whole life and in the end the bank owns the fruit of your labor and your heirs get nothing.

>>521017198
Amd there it is

>>521023126
don't ever reply to my posts again you fucking migger. your breath smells like jew cum.

>>521021061
>That is not even remotely true. Compare 15 year and 30 year mortgage rates. The 15 year ones are lower

This makes no sense.

>>521023097
>still whining about /ptg/
There is nobody on /pol/ more artificial than you faggots, /ugh/nigger.

>>521018260
>r/antifastonetoss
>"That wasn't a leftist meme"
Yeah nah, you're a fucking retard.

>>521023157
Banks don't lend out money at lower rates than the discount rate, dipshit. And 50 year mortgage will have a higher interest rate than 30 year mortgage.

>>521023197
None of that is true.

>take 50 year mortgage
>can save money because the monthly payments are cheaper
>use the saved money to contribute to your business
>your business uses the money to generate more money
>you use the more money to grow your business even more
>by the time 50 years is up your business is worth millions of dollars
>you die with multiple millions AND the house

I've posted this before and I will post it again
Shit's so fucking funny.
>be 80yo
>finally pay up house
>house is already crumbling and the gov deems it unhabitable

>>521023224
I am not sure why you think they wouldn't be

>>521023312
Banks do loan out money at lower than the discount rate because they’re subsidized by the central bank

>>521023348
By then you have a multi million dollar business because the saved money on the monthly payments gave you more money to build your business

>>521023418
How much cheaper is it?

It seems like it ought to be around half the cost of a 30 year mortgage, is this right?

>>521022924
Exactly. That's why Massies tweet is retarded. He's a dumbass and claims to understand economics

Holy fuck!
How many posts by id that republicuck memeflag have by now?
Fucking massive spam of cope
Jews are salivating at the prospect of goyim wageslaving for over 50 years, deep into their 80s for a house that will crumble by then.

Fucking retards here. With inflation and a fixed rate loan, your real inflation adjusted debt gets cheaper.
If inflation is higher than your interest, it's literally free money. No wonder the Jews control everything, whites are retarded with money.

>>521023487
Even if you’re saving $200 a month, that’s worth it

$200 a month compounded annually at market rate will yield you nearly $3m in 50 years

>>521023571
This thread made me lose faith in this board. So many people are so fucking dumb and don’t understand time value of money, inflation, and borrowing rates

>>521018638
some nigger was paid real money to write that

>>521023565
Why don’t you take out a mortgage yourself, become an Oligarch/Elite, and change the system if you don’t like it?

>>521023334
What class of people right now cannot afford a 30 year mortgage, but could just barely afford a 50 year? Is this the group of people who own a business, or who in any case make responsible financial decisions (such as what to do with the cash savings on 50 vs. 30 year payment)? Even for the class of people you're thinking of -- clearly an outlier in the actual class of people we're discussing - how many of those small businesses will fail (a lot) and how many will carry a worse ROI than the 8-9% interest rate the 50yr would carry rn (even more).

If your point is merely "durr longer loan means I can gamble more with it" then, yeah, ok, all non-retards get that. But that isnt safe and most people are in fact retards, who are preyed on by the banks. It is up to the elite IQ or status gentiles to protect the common man from kikery -- oppose the 50 year mortgage on that basis.

>>521023571
>he thinks there will be a fixed rate loan and that banks won't revalue shit based on inflation
Lol lmao
Kek eveb

>>521023487
early math said $108 a month cheaper on average, $250,000 more over the life of the loan more

they'll frontload the interest so you can't pay off early which means basically nobody who needs a loan will EVER pay it off. it will also increase property taxes, probably around 200-250% so a lot of folks will lose their homes because of that too, even people who didn't take out the loan because if your neighbors homes are worth more, yours is too

jews did this same shit all over europe, they don't have to pay interest in the USA because of the law of ribbis

>>521017124 (OP)
Because you own the house after the 50 years? You can pay it off faster than 50 years. You can leave it to your kid so they don't have to pay for a house. There are numerous ways it's different

>>521023685
if kikes wanted a 50 year mortgage they would have already put it in dumbass

>>521023631
you don't understand that the first 10-20 years all your payment is probably gonna go toward interest only. you're obviously not white and think you're smart, but you're so fucking dumb you shouldn't be alive.

>>521019218
Jannies really need to ban VPN-using memeflag kikes like you.

>>521023097
>>521023241
All general threads on this board are ran by feds.

>>521023810
people like you are worse than the kikes, you're fucking retarded and 100% sure of yourself because until someone just caves your motherfucking head in with a pipe, you will keep thinking you're some big thinker. you're what someone becomes when their dad isn't around and isn't a man.

>>521023685
Even if that’s true.

The entire purpose of government is to allow the intelligent to build wealth and to let the low IQ lose wealth to the high IQ, so you’re doing the role of govenrment to shift wealth from high IQ to to low Iq

>>521023855
None of that is relevant. You’re fucking stupid

>>521022535

The elite got you by the balls if you have them.

>>521023588

The people who'd be taking these mortgages wouldn't be doing it to save some money in order to invest it, they'd be doing it because they can't afford the 30 year mortgage.


Would it really be as much as 200 dollars though?

>>521023725
Anon is saying every single person who takes the deal would actually end up earning an extra 3 million dollars by re-investing it.

It would be fairly simple for the state to step in and guarantee this, taking that 200 dollars out of the lending agencies side and then paying it back out to the homeowner after 50 years. Then the next generation can just buy their home outright and we'd be out of the banking scam entirely.

>>521021209
Good ole fashioned Hush Puppy.

>>521024020
If you want to see the scumbag elites

Look in a mirror r

Billionaires dont pay off their mortgages either, they get lower rates and use the cash somewhere else. You can deduct the interest, repairs, etc. And youll have a house instead of an apartment which will be cheaper monthly. Plus no one is stopping you from paying off early, refinancing, or taking a 15 or 30 year loan

>>521024024
> The people who'd be taking these mortgages wouldn't be doing it to save some money in order to invest it, they'd be doing it because they can't afford the 30 year mortgage.

Nope, anybody with a brain would choose the 50 year mortgage, even if they earned $500k a year

>>521024024
> would be fairly simple for the state to step in and guarantee this, taking that 200 dollars out of the lending agencies side and then paying it back out to the homeowner after 50 years

The problem with that is then even dumb people would end up with generational wealth. The entire point is that the stupid people who don’t invest would end up in poverty and financially literate people will get even wealthier

>>521023997
it's relevant, you just lack the white genetics to see it. you think retards know they're retarded? do you? of course not

>>521024202
The ideal mortgage deal would be an infinite mortgage where there’s zero principle repayment, only interest.

All the additional money saved, invested at an average return of 6%+ would drastically outperform any debt repayment from the mortgage

>>521017174
the main problem w/ renting is landchad can hike your rent every year. fixed mortgage keeps the housing payment.... fixed. if 50y can get them in the door for the initial years of homeownership it allows them to start building equity. also, you can pay MORE than the minimum monthly amount and pay off the mortgage faster, which many people already do (and you should after you progress in your career)

i would rather just make it easier for builders to build high density homes instead of low density SFH but there's nothing wrong with a 50Y that isn't the same for a 30Y

>>521024096
Maybe if they were already in a position where they can definitely pay it back. If they're at real risk of losing the whole thing when they miss a few repayments (and poor people definitely will end up doing that) then it makes less sense.

>>521024156
So the real point is to drag down whole communities if they're not already rich. In a poor community some people will be financially literate and some people won't be, the people who aren't will have to be 'bailed out' by the ones that are or they'll die. In a rich community all this would mean is that they have slightly less money compared to what they'd prefer.

>>521023810
... isnt that what they're doing now? You're saying because they only got 30 qualified before, that it cant be nefarious that theyre pushing for 50 because they'd already have 50 if they wanted 50 before? Wow, great logic.

>>521019312
Jannies get what they deserve

>>521017174
I mean what's the alternative? Soviet style commie-bloc housing? That's legitimately worse because you can literally never own it and the government has complete power/control over where you live. There was a case in Czechoslovakia where these brothers escaped to canada to play in the NHL and the Czechoslovak government literally forced their parents to move from their niceish apartment in Bratislava so some shithole on the outskirts.

The reality is housing is expensive because Americans increasingly demand more space in confined areas. You either build up or accept that everything is going to be giga-expensive.

>>521017174
The response is what the fuck does this have to do with Trump? Is he giving out mortgages now? LIbcucks and jeets like you are fucking idiots.

>>521024388
Poor people don’t even get mortgages, rich people do.

Even with the 50yo policy, at the very very most it will be extended to upper middle class people.

I am rich and I currently don’t qualify for a mortgage. I don’t even know if I’d qualify for a 50 year but even if not, I’d be striving for that.

>>521017124 (OP)
Based massie
Still surprised they havent gotten rid of him yet

>>521024253
you act like the USA hasn't been through this with the 30y mortgage already lol, you brown faggots think if you obfuscate enough that nobody will notice. before the 30y mortgage was a thing about 77% of people owned houses, around 57% of blacks owned houses and now that number is down under 30% overall and 10% for blacks.

since the 30y mortgage happened, peoples' money is worth less, government owns 76,000% more of the homes. white people can see this shit BEFORE it happens, jews know what's up and it's a short term play, non-whites like you don't have a clue what is going on and think you'll benefit like the jews WHO DO NOT HAVE TO PAY INTEREST ON LOANS IN THE USA lol

you're not them but you'll get what they get if that makes you feel any better. it's like every time white people/white mutts rise up and murder you it's a shock because you NEVER see anything coming, especially trains and shit

>>521024744
He belongs in a prison

>>521017124 (OP)
Prepay if you want to own it so bad.

Cunt.

>>521024771
And he 30 year mortgage has allowed millions of people to save more each month, invest in Tech Firms that skyrocketed, and become multi millionaires.

There are more millionaires and billionnaires today than ever before.

>>521020854
it is not worth it to get a car loan either yet people still do it. american society isn't about minimalism

>>521024846
you just hate people who don't suck dick because they make you self conscious

>>521024926
Getting a car loan is the only intelligent way to get a car

>>521024928
No I hate people who want to not give me freedom

>>521024898
average american has less than $500 in the bank, there is no middle class and "wealth" has become how much debt you owe the jews

you're wrong bud, nothing you can do to change that reality. the reason your people live in trash and have IQs lower than thousands of species of animals is because your make bad decisions

>>521017124 (OP)
50 year mortgage will only act to allow real estate investors to buy up more rental properties and nothing else. Longer terms means extended leverage.
Changing rules so poorfags can live beyond their means is DEI for real estate

>>521025014
You have a pool, a boat, a family cottage, and go on vacations first class to Europe all the time to blow money like a Keynesian on crack

Shut the fuck up about the decline of the the economy

>>521024975
loans are fine when the bank has to lend you money they have, in the USA the money doesn't even have to exist, that's why a bank won't be able to cash a $10,000 check on short notice because the money they keep around costs them money and the laws in the USA allow them to loan money that doesn't exist, it's the #1 reason the central bank always fucks shit up because it's not based in human/white reality. if the central bank worked, non-whites wouldn't need to be slaughtered every 150 years or so

>>521025014
killing jews and destroying their fractional reserve banking scam could change the reality

>>521025080
Thing is this will allow wealthy and upper class people to get mortgages

>>521025096
you watch too much tiktok you faggot, that's why you have no grasp of reality. i'm gonna slap the shit out of the indian at the gas station in the morning in your honor

>>521025149
99% of the world isn't pure white, 90% isn't even white-passing

it's gonna have to get so bad BILLIONS of brown people die of starvation before it can get better, it won't happen in the next 50 years though

>>521019149
>1pbtid
>migger
Brown
>>521021284
>migger
>unwarranted kike mention
Brown

>>521023209
>erm, dont talk to me sweaty
Literal faggot brown lmao

>>521025193
You wont do shit you fucking monkey lmao

>>521025262
when there's no one weaponizing brown women against you they are not really that much of the problem
jews are the cancer that cannot be removed without their complete death at this point

>>521025262
>>521025568
brown people lmao

>>521024052

These guys aren't shitposting here, bro.

>>521025193
You can always prepay a 50 year mortgage earlier if you want.

You’re fucking dumb

>>521025677
Then why are you here lol

>>521025677
you are talking to a jidf bot

>>521023631
Its about trust in the systems. Something you have an abundance of for some reason.

>>521025839

Because I'm bored.

>>521025911

I know.
Lol.

>>521023997
How about how I have to live in a dilapidated shithole for 15 years before id have any equity to speak of. All houses in the market are dogshit disgusting flop houses with millions of issues I will need to take further loans out to cover? Is that relevant?

>>521026157
>I should get to be an oligarch for doing nothing